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Nilavathi M

#courageous#go-getter
Support Nilavathi to have a profitable season and secure her family’s future.

Agripreneur

Chikkaballapur, Karnataka

10,000 has been disbursed

318 potential days of livelihood i

10,000 is the current outstanding balance


Nilavathi is from Chikkaballapur, Karnataka. She cultivates her land to provide for her family of four. But she is in a difficult situation now as she is unable to arrange the credit for the new sowing season. Without some support from Rang De, her aim of securing her family during the pandemic won't happen. She will utilize the loan to buy quality seeds and fertilizers and start the season on time. She hopes that this will give her a profitable season and she can invest some amount in her family's well being. Support Nilavathi today!

I wish to explore better farming opportunities.

About Nilavathi M's livelihood

Nilavathi is an agripreneur who works 7 hours a day for 7 days a week. With this loan Nilavathi will potentially obtain employment for 318 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

5.0% flat p.a.

9.0% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 2.0%

3.6% APR

Platform
charges i

1.0%

1.8% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

10,000

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Vrutti

Established in

2020

With Rang De from

2020

Founded by

Raghunathan Narayanan

Vrutti is a centre for sustainable livelihoods enhancing people’s well-being through knowledge, innovation and transformative actions. They work through an ecosystem approach integrating and delivering services that empower small producers and marginalized grow their way out of poverty and uncertainty and to be 3 times more profitable.

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